• SENSEX 77,966.35
    -187.90 (--0.24%)
  • BANKNIFTY 57,885.85
    439.60 (+0.77%)
Back

Results - Announcements

Inox Green Energy Services Ltd consolidated sales down 36.96% on year in Q2FY2026, net profit saw a strong growth of 43.88%
07-Aug-2026, 05:35
Inox Green Energy Services Ltd share price declined by 2.03% to Rs 173.7 after the company's net profit jumped 43.88% to Rs 40.79 crore, while revenue from operations dropped sharply 36.96% to Rs 43.29 crore in Q2FY26 over Q1FY26. The market capitalization of Diversified Commercial Services industry group stocks on BSE stood at Rs 96138.45 crore, gaining 7.57%. It has improved by 2.97% over last one week and moved up slightly by 7.56% in last one month while the market capitalization of Inox Green Energy Services Ltd has inched up 3.09% and 8.41% in the same period respectively. Profit before tax (PBT) of Inox Green Energy Services Ltd stood at Rs 54.47 crore in Q2 FY26, jumping 65.11% year-on-year, and surging by 19.87% quarter-on-quarter. EBITDA came in at Rs 59 crore, expanding by 65.91% YoY and rising 9.74% sequentially. Total expenses saw a steep drop of 37.95% to Rs 44.65 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 13.91 crore, dropping 9.79% YoY. For the TTM ended FY26, revenue from operations softened by 1.81% to Rs 220.19 crore, while net profit soared by 20.81% to Rs 35.99 crore, compared to previous TTM. EBITDA tumbled by 1508% to Rs 4.79 crore, and PBT witnessed a strong rise of 46.14% to Rs 48.81 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 60.37 crore in FY26, as against Rs 7.87 crore in FY25. Inox Green Energy Services Ltd surged by 10.11% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.